Fibocom Wireless's Total Assets for the quarter that ended in Mar. 2024 was ¥7,280 Mil.
Warning Sign:
If a company builds assets at 57.3% a year, faster than its revenue growth rate of 39.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Fibocom Wireless's average Total Assets Growth Rate was 10.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 39.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 57.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 63.90% per year.
During the past 12 years, Fibocom Wireless's highest 3-Year average Total Assets Growth Rate was 92.50%. The lowest was 16.40%. And the median was 69.20%.
The historical data trend for Fibocom Wireless's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Fibocom Wireless's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fibocom Wireless (SZSE:300638) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Fibocom Wireless's Asset Turnover for the quarter that ended in Mar. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Fibocom Wireless Total Assets Related Terms
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Fibocom Wireless (SZSE:300638) Business Description
Fibocom Wireless Inc is a Chinese wireless communication module and solutions provider. It is focused on the development of the Internet of Things (IoT) and consumer electronics. The company brand products cover LTE, NB-IoT/eMTC, HSPA, GSM/GPRS wireless communication modules and solutions. Through IoT, the company offers solutions such as wireless payment, car networking, security monitoring, mobile internet, and smart grid.
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